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20110701
20110731
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on jobs in baghdad, kabul, kandahar, in other parts of the iraq and afghanistan. and the irony of course is that we are being told that we are in this terrible crisis, when the republicans brought out a military bill that increased the military by $17 billion, gives more money to iraq and afghanistan, and i have to say i am very nervous that the president might agree to keep troops in iraq next year, which is longer than george bush wanted to keep them there. so, yeah, i think we can in the short-term save a lot of money by bringing the troops home with no negative job impact. but to get back to your question, what mr. bernanke said correctly is, yes, over the long-term, you should have a plan for deficit reduction from both higher taxes in my judgment and spending cuts. but in the short-term, if you were to do that, you would slow down the recovery. and that's why it's a timing issue. >> in terms of what you just said there about defense cuts, and what might be possible in this congress, i feel like the things that i have heard from republicans that seem like they have sort of silver li
, there's a pattern in that we have reached a tipping point. we saw it with afghanistan. and iraq in terms of the timetable. when are we getting out. we saw it in the compromises on the bush tax cuts. we have seen this pattern in which democrats are put in the position to having to be the adults in the conversation, and trying to hold things together, and now we are back at that point. if you look at that pattern of concession and then compromise to the middle, and the democrats having to bear the burden politically for those decisions, it might be a trial balloon, but there is a pattern that indicates that social security and medicare are on the table. and that is why we reacted the way we did. this shouldn't be on the table. we have reached a no mass point here. that democrats should never support this. we have to be solid and independent, regardless of what those negotiations with the administration produce. >> in terms of what you described there as bearing the political burden here, that is one of the strategic questions that i have. and this may be clearer to you from washington than
Search Results 0 to 5 of about 6 (some duplicates have been removed)